Articles tagged “vietnam”

Kingdom’s Retail Queen Lays Out Thai Tourism Truths That Others Only Whisper

Kingdom’s Retail Queen Lays Out Thai Tourism Truths That Others Only Whisper

Raini Hamdi, Skift

It takes a retail personality to air the dirty laundry of Thai tourism. No one will be offended; it’s all an open secret. Plus Supaluck Umpujh, at least, is doing something about it, partnering with AEG to make Thailand a regional entertainment hub.

3 hours ago

Vietnam Tour Operator Vietravel to Launch New Airline

Vietnam Tour Operator Vietravel to Launch New Airline

John Boudreau and Mai Ngoc Chau, Bloomberg

What? Another new airline in Vietnam? Bamboo Airways has barely taken to the skies when a major tour operator in the country decides we want to get in on this, too. Tourism is booming in Vietnam but that is never a guarantee for success in any sector.

5 days ago

The Method to the Madness Behind Vietnam’s Crazy Hotel Boom

The Method to the Madness Behind Vietnam’s Crazy Hotel Boom

Raini Hamdi, Skift

A pending 40 percent increase in room supply should keep investors at bay, you would think. But Vietnam still attracts them like flies. Development is off the charts. Here's why.

1 week ago

Vietnam’s Bamboo Airways to Start Its First Commercial Flights

Vietnam’s Bamboo Airways to Start Its First Commercial Flights

Nguyen Kieu Giang, Bloomberg

Vietnam's aviation market is highly competitive with local and foreign airline competitors. Given the growth of the market, there just might be room for a new lost-cost entrant within a crowded field if it has something different to offer.

1 week ago

Luxury Agents Try to Combine High-Level Service With Street-Level Experiences

Luxury Agents Try to Combine High-Level Service With Street-Level Experiences

Paul Biasco, Skift

Luxury travel advisors are experts at planning a five-star vacation for their clients, but agents are more frequently being asked to add a more local element to their plans. A lot of behind-the-scenes work goes into making sure these experiences go off without a hitch.

2 months ago

Vietnam Plans Formula One Race to Boost Tourism

Vietnam Plans Formula One Race to Boost Tourism

Nguyen Dieu Tu Uyen and Nguyen Kieu Giang, Bloomberg

To some, the idea of NASCAR boosting tourism in the U.S. sounds ridiculous. But NASCAR and Formula One are different, and there are many views on the strength of the sport's fan base.

3 months ago

A New Generation Must Bridge Hanoi’s Past to Its Tourism Future

A New Generation Must Bridge Hanoi’s Past to Its Tourism Future

Rebecca Stone, Skift

Hanoi's economy is improving considerably, and tourism is growing, but for Vietnam's capital city to best position itself to develop as a responsible tourism destination, a change in mindset must occur. And that change needs to come from the young Vietnamese of today.

4 months ago

Bamboo Airways Is Set To Enter the Already Crowded Vietnam Market

Bamboo Airways Is Set To Enter the Already Crowded Vietnam Market

Nguyen Kieu Giang, Bloomberg

Vietnam is a fast-growing air market, but it probably doesn't need a new airline. It already has plenty of full-service and discount carriers. On the bright side, more options could bring lower fares for travelers.

6 months ago

Vietnam Seeks Higher Air Safety Rating to Fly to Los Angeles

Vietnam Seeks Higher Air Safety Rating to Fly to Los Angeles

Dong Lyu and Kyunghee Park, Bloomberg

Vietnam already committed to increasing inbound travel from Europe, thanks to Air France. But long-haul outbound travel will be much more difficult if Vietnam can't meet these safety standards.

12 months ago

Budget Airline VietJet Looks to Increase Foreign Ownership

Budget Airline VietJet Looks to Increase Foreign Ownership

Luu Van Dat and Nguyen Dieu Tu Uyen, Bloomberg

After its stock market debut a couple of months ago, VietJet is attracting a lot more interest from foreign investors and the airline is looking to accommodate them. The airline won't have much trouble securing a deal.

2 years ago

AirAsia Wants a Piece of The Growing Travel Market in Vietnam

AirAsia Wants a Piece of The Growing Travel Market in Vietnam

John Boudreau and Anurag Kotoky, Bloomberg

With fuel still relatively cheap it is a good time for airlines to think about expansion, especially into fast-growing markets such as Vietnam. The only problem for AirAsia is that the country is already well-served by a couple of low-cost carriers.

2 years ago

VietJet to Go Public and Projects 30 Percent Profit Increase

VietJet to Go Public and Projects 30 Percent Profit Increase

Nguyen Dieu Tu Uyen, Bloomberg

VietJet is bullish about its own prospects, which is hardly surprising. The backdrop is that IATA forecasts that Vietnam will be among the world's fastest-growing markets in the next 20 years. There certainly is rising demand but on the downside is the fact that other regional airlines slumped last year.

2 years ago